Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 25 2001 // A recent jury decision should put up red flags for insurers: Take care of toxic mold claims adequately and promptly, or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
Earthquake Awareness: Not Just a California Thing Anymore
Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...
Homesite Insurance Expands Services
Jun 21 2001 // Boston-based Homesite Insurance has introduced its home insurance products to residents in Oregon and Wisconsin. With the addition of these parts of the country, Homesite now has sales in 23 states, looking to continue on...
$7M Jury Verdict Reached in Northridge Case
Jun 19 2001 // A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City condominium homeowners association in a lawsuit against Scottsdale Insurance Company, according to Brian S....
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 18 2001 // Travis County District Court jury to the insurance industry: take care of toxic mold claims adequately and promptly or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
Matters of Evolution; Revolution
Jun 18 2001 // With the possible exception of Charles Darwin, matters of evolution generally take a back seat on the news bus to matters of revolution. So it has been with the 23 bills affecting the insurance industry that struggled...
As Texas and Louisiana Mop Up, Assessment Begins in Flood-Swept Areas
Jun 18 2001 // Preliminary cost estimates of damages wreaked by Tropical Storm Allison as it floated around Southeast Texas for several days earlier this month have topped $1 billion. But no one knows what the actual figure will be nor...
Missouri Ins. Dept. Sides with Homeowners Over Storm Damage Dispute
Jun 15 2001 // The Missouri Department of Insurance is supporting angry homeowners over a dispute with a number of insurance companies regarding replacing home siding which was damaged by hail during the state’s most damaging storm...
How Agents Won on the Web, Four Web Venture Profiles
May 14 2001 // A century ago, agents found customers where they gathered—at church, their place of business or the local watering hole downtown. This marketing strategy still works today—only now many agents are going through...
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2001 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
Conning Predicts Rise in Premium Rates for All P/C Lines
Apr 30 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Conning Predicts Rise in Premium Rates for All P/C Lines
Apr 28 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Homesite Insurance Products Available in Indiana
Apr 18 2001 // Boston, Mass. based Homesite Insurance is expanding to offer homeowners, condominium and renters insurance products to consumers in Indiana. By focusing exclusively on the homeowner’s market, Homesite has brought...
Oregon Hopes ‘Fleming Fix’ Will Clear the Clutter
Apr 9 2001 // To the nearly endless list of issues over which trial lawyers and insurance companies have waged legal battles, we can now add… Point sizes and capitalization? Fortunately for the insurance industry, Oregon’s...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
Seattle Earthquak Wracks Up Insured Losses
Mar 12 2001 // The most telling number about the earthquake that hit Western Washington on Feb. 28 was neither its 6.8 magnitude nor the fact that it was the largest temblor in the state in more than half a century; it was its depth,...
Homeowner MAP Barely Breathing
Mar 5 2001 // In September of 1994, a busload of insurance industry members, legislators and business folks toured some of inner city Houston to see what Democratic Sen. Rodney Ellis saw in his district. Insurable houses. That’s...
When Your Insureds Remodel Their Homes, You Should Remodel Their Coverage
Mar 5 2001 // One in three American homeowners have recently remodeled their home or are planning to do so within the next year. That could make for a lot of financial risk exposure, according to a recent study commissioned by the...
State Audit Finds CEA Reinsurance Costs Reasonable
Mar 2 2001 // The California Earthquake Authority has made significant progress in reducing what it pays for reinsurance, according to a report by the California State Auditor released yesterday. The State Auditor concluded that...
Homeowners Premiums in Ireland to Increase
Feb 26 2001 // Home insurance premiums are expected to increase by as much as 30 percent this year as building costs push up underwriting losses from weather-related claims. Royal and Sun Alliance, with a 28 percent market share in...
